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Analysis of Atem–WPL deal by Brazil CADE 'detached from reality,' competitor says

By Maria Júlia Baumert ( November 25, 2025, 17:19 GMT | Insight) -- The Brazilian competition authority's Tribunal is set to decide Wednesday whether Grupo Atem can acquire river transport operator WPL. The deal has drawn criticism from Vibra Energia, which on Monday said the authority’s economic report is unrealistic and incomplete, arguing it ignores Amazon's operational realities and fails to measure the most plausible competitive risk.The Brazilian competition authority's Tribunal is set to decide Wednesday whether Grupo Atem can acquire river transport operator WPL. The deal has drawn criticism from Vibra Energia, which on Monday said the authority’s economic report is unrealistic and incomplete, arguing it ignores Amazon's operational realities and fails to measure the most plausible competitive risk....

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